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Louisiana
Covington, LA, 14.5M
Covington
Multifamily 5-100
$
14500000
Description:
Details:
Full renovation in 2023 - opened in 2023
- 86 Doors Today. We are also in the process of adding 4 more doors and will be at 90 doors by the end of the year.
Amenities:
- 2 resort-style pools
- Hot tub
- Fitness center
- Grilling area
- On-site storage
- Free parking
- On-site management
- Dog park
- Coffee bar
- Coworking space
Professionally managed by KEY Real Estate.
Can be bought unencumbered by management if desired.
Value Adds:
Miscellaneous:
More details:
$
14500000
CAP:
6%
Fee Paid By Buyer:
2%
NOI:
$870,000
Assumable Loan:
Seller Carry:
Doors:
90
Parking:
Price per Door:
$161,111
Keys:
Price per Key:
Assumable Amount:
Class:
A/B
Build Year:
Reno Year:
2023
Buildings:
Stories:
Under Roof SF:
Lot SF:
Zoning:
Contact us
For inquiries, reach out to taylor@introsatscale.com